American Fortune Life

“Pff--”

“Pff--”

“Why should I pay back the money I borrowed on my own? ”

The phrase with a little rogue logic came out, the whole scene was loud, and the American people in front of the TV sprayed directly.

The people who are watching the hearings in the United States at this time have a strange look on their faces. Andy looks serious and upright in watching TV. Don't know, he really thinks that borrowing money is his business, just like everyone else's hard work.

“Giggle... ”

Ivana looked at her man and said a serious nonsense, laughing at the branches of flowers, shuddering, shaking magnitude exaggerated, didn't know it was an earthquake.

Other women, even more diverse, smiled, and it didn't seem surprising to say this shameless rogue logic to the men they knew.

At this moment, including the hearing site, or the American people in front of the TV, suddenly felt that this sounded right after being forced to do so!

Well, it's the hooliganism. Not on this logic, but infiltrating logic into sentences, the focus is on diminishing the meaning of "borrowing” by "doing what you can”.

This is the pit.

The other eight giants on the long table looked at Andy with an incredibly strange gaze on the side, and then whatever came to mind, they covered their mouths with their hands and looked down as if they were contemplating, but if they looked closely, they could see that their shoulders were constantly shrugging and their face was suffocating, and they would surely laugh out loud.

Andy, that's like talking about their hearts.

Yeah, we borrowed it on our own. Why pay it back?

Faced with the audience behind you and the press gallery laughing and whispering, the giants holding their laughs, and the black-faced tongues of the members of the hearing committee, Andy, why are you looking at me like that? Am I wrong? I shrugged my shoulders very innocently, staring at my honesty.

The House of Commons Financial Services Committee at high altitude could hardly use enough expertise to counter the arguments of these bankers. Andy, not eight other executives, would use extreme “humility” to reach understanding and pretend to be a grandson, who, when taking advantage of the financial crisis to collect money, was ready to do everything he could to deal with today's situation.

This was supposed to be a worldly battle, and the members of parliament present did not necessarily really care about the financial crisis, so say no, now that they are individually angry, as if they were representing the Alliance for Justice and Trial of Evil, then what did those members of parliament do at the beginning of the financial crisis?

Especially in the more than an hour before the hearing, the team of expert consultants conducted "accelerated training" on Andy's hearing, such as how to adjust the rhythm of the response, if the person questioned suddenly interrupted how to respond, never apologize, preferably by exposing some golden sentences, increasing popular favoritism, etc., and the panel sought to make Andy a humble, casual, straightforward, and not overbearing image.

In the words of a team of experts, apologies are needed only if they are wrong. Andy was right, and once he apologized, he had to take some responsibility.

This hearing is a battle full of anger and reproach, and it can also be an image PR.

Andy-triggered "Little Interlude" still fails to stop the stormy leaks and accusations of members of parliament throughout the hearing.

The financial crisis had led to a severe recession in the United States economy, high unemployment rates and widespread dissatisfaction with the crisis caused by excessive speculation by financial institutions such as banks. At the same time, the United States population was filled with resentment and anger at the high salaries paid by financial institutions after receiving government assistance.

“Based on the regulatory submissions, we can see that in 2006 and 2007 alone, your eight CEOs were paid a total of $401 million. And the total market value of your respective companies has fallen by 69% since October 2007, when the road peaked.

I'd like to ask you, how did you get so much money, even in '08, you got so much money, why did you get an extra bonus? The American people are “entitled” to outrage at the fact that you continue to receive high salaries while receiving government assistance. ”

Phil, the chairman of the committee, looked at the CEOs at the long table below with anger, watched them squeeze their hands, cover their foreheads with bitter performances, and shouted blame.

In the face of the most pressing concerns of the American people, these financial giants were unable to evade and responded to each other.

Bank of America Lewis helplessly admitted with apology that the banking sector caused a lot of damage in the financial crisis “We thank the taxpayers for their assistance... Understand their anger, but most of the bank's employees do not play a role in the economic crisis and should not be punished with salary cuts... ”

MG Chase stated that most employees had accepted “significant salary cuts” in 2008, but the company would continue to pay salaries in a rules-based manner to attract and retain top talent.

John, CEO of MG Stanley, said MG Stanley was reforming its compensation system to curb “excessive risk-taking”. At the same time, he has not forgotten to say clearly that he did not receive a bonus in 2009. It sparked cynicism on the part of parliamentarians.

“Mr. Smith, the 2008 bonus you paid to staff under your flag totalled $2 billion, averaging $160,000 each, but senior staff received a higher percentage of points. A bonus of at least $10 million was paid to each of the top 70 staff. Do you have anything to explain? ”

A donkey congressman from New York State questioned Andy, who had been quiet, by presenting the material in his possession.

When she exposed those dollar figures, it caused a scene of noise, and the people in front of the TV were shouting.

What a fucking pride!

This is the real millionaire. He can be so generous to his own employees, he's definitely a good boss.

“My money, how do I spend it, do I need the consent of others?” Andy smiled backwards and looked at the other side of the spectrum wanting to keep asking, "Andy shrugged," If, indeed, a reason is to be given, it gives them a special impetus to help the company solve the problem. ”

“Pfft -”

“Oh... ”

The men dressed as Wall Street elites sitting behind Andy couldn't help but laugh. The hearing was also a bit of a glare. The American people saw Andy Smith's Golden Clause Viper property again, and the people were really good at it.

Isn't that right, what could be more motivating than a dollar!

At the next hearing, Andy Smith was like a baseball golden boy greeting one weak serve after another, and that red-eared roar against Andy's legislators seemed better suited to kindergarten.

“The nine of you, the eight of you have private planes, why don't you sell them? ”

“I'm sorry, Congressman, it's easy to get around on a private plane, and I'm not a bad money man!” Andy winks with his big eyes, as he says.

“Taxing the banking industry... ”

“Sorry, Senator, it's a bad idea to use tax policy to punish, which will only make all companies inclined to pass on their costs to their customers." Andy looked seriously persuaded.

“I want you all to commit to a de facto moratorium," said the MP in charge of the Superintendency of Savings Institutions angrily and rigorously, "in the meantime, it would be unforgivable if someone's house were foreclosed. I ask each of you to put a moratorium on redemption pending the receipt of funds from the Ministry of Finance. ”

“I reject that this runs counter to the market economy that the United States has chosen to pursue since its inception, and that free equality is an important element of American values on which the free market economy system was built.

Mr. Senator, your request reminds me of Max... ”

Wow...

The audience, both at the hearing site and in front of the TV, fell into a state of silence. No one thought that an evil league, originally for the sake of the American people, had been mercilessly questioned and ridiculed by the "Battle", which had completely evolved into a fierce confrontation between the lip gun SHE sword.

Throughout the hearing, everyone was most impressed by Andy Smith's "modest and honest" attitude in the face of every questioning, which demonstrated his superior financial wisdom, easily countered and entrusted parliamentarians with unprofessionality.

It also allowed the comments in the newspapers' columns to be relentlessly ironic about the anger of parliamentarians after the hearing.

“Our boxing champion is like walking into a kindergarten and meeting a bunch of kids who can only yell at him... ”